Leisure Chinese-style restaurant operator Green Tea Group (06831.HK) said its
The second-largest shareholder has completed a full sell-down, citing the fund’s
lifecycle. The company said the shareholder had supported it for nearly 10
years, the sale removes market concerns about selling pressure and opens room
for upside. Green Tea said its fundamentals remain stable: 1H revenue and profit
rose nearly 17% and it opened 131 new stores.
